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Compt raises $13m in Series A funding

Cambridge based stipend management platform raised $13m in Series A funding led by Battery Ventures.

“The missing key to simultaneously streamlining the employee perk process for admins and boosting employee engagement is personalization. When companies look to support employees with personalized perk solutions, they have a choice of vendor marketplaces, card-based models, and reimbursement. The goal is to offer something unique to each employee, but vendor marketplaces and card-based models are inherently the opposite.”

Tags

perk management, hybrid work